https://www.taxtmi.com/caselaws?id=346451 The Tribunal rejected the application under Section 9 of the Insolvency and Bankruptcy Code for the initiation of Corporate Insolvency Resolution Process. It determined that the applicant did not qualify as an 'Operational Creditor' and the claimed debt did not meet the criteria of 'operational debt.' The Tribunal advised the applicant to explore other provisions of the Code if desired. en-us Wed, 12 Jul 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346451 The Tribunal rejected the application under Section 9 of the Insolvency and Bankruptcy Code for the initiation of Corporate Insolvency Resolution Process. It determined that the applicant did not qualify as an 'Operational Creditor' and the claimed debt did not meet the criteria of 'operational debt.' The Tribunal advised the applicant to explore other provisions of the Code if desired. Case-Laws Insolvency and Bankruptcy Wed, 12 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346451